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Pastimes : Home on the range where the buffalo roam

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To: freeus who wrote (3601)9/12/2001 11:55:02 AM
From: im a survivor  Read Replies (1) of 13815
 
Maybe...probably...sell off when trading begins....could be a great buying opp........unfortunatly, this is all part of life.....we just normally dont experience it on our own soil......short of world war 3, I think this could be a buying opp....overseas markets are showing stability.....there will be alot of acared people going to cash to bury in their backyard....but eventually, by end of october ( things are normally bad in october anyway), assuming we dont have more attacks and world war 3 breaking out...people will come back to the markets....the big money will not pull out.......they will use this as an opportunity to buy shares from all the scared individuals at cheap prices. We also have the fed watching closely.....I wouldnt be surprised if we dont get a .50 cut very soon....this wouldn;t spook the street like it would have before, because now we have a reason...the fed just wants to show it will do what it needs to prop up this economy.....so, world war 3, and things will be very ugly...the cash under your mattress may not be worth much either.....or, this is an isolated act of terrorism that america will recover from, and if so, then it could be the final capitualtion we need for a huge drop, and then a final bottom, and hopeful move up....dont think for one second that the houses and big boys will not use this to their advantage to stock up on cheap equities....assuming they dont think world war 3 is at hand, I think this event will trigger the houses and fund managers to start buying on any huge blow offs that may occur after trading resumes and over the next couple months.....do we see a huge drop....probably.......will it last or rebound....I guess we will find out......this much i know....I am not selling anything, especially if we re-open and go way down....in fact, if I feel good enough, I may just get some very low ball offers filled and be buying not selling......
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